Monthly Repayment
$1,261,572
Minimum Household Income
$2,523,144
Mortgage Plan
Expenses
Stamp Duty [1]
15,300,001
Agent Commission [2]
3,600,000
Sub Total
18,900,001
Deposit
Initial Deposit (5%) [3]
18,000,000
S & P Agreement (5%) [3]
18,000,000
Further Down Payment
72,000,000
Sub Total
108,000,000
Total Cash Outlay
126,900,001
Financing
252,000,000
Total Interest Payable
126,471,600
Total Repayment
378,471,600
Monthly Repayment
1,261,572
[1] Exact Stamp Duty to be determined by Government
[2] Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
[3] Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)
The calculated values are based on assumptions and provide an approximate result for your reference only.